Vuenow Infratech has received approval for acquisition of 51% equity shares of M/s Mahakal Devcon through an all-stock, strategic equity swap and execution of the Share Acquisition Agreement with Mahakal Devcon. The acquisition is expected to be completed within 30 days from the date of In-principal approval. Mahakal Devcon is a diversified enterprise with expertise in trading, distribution, infrastructure development, and technical consulting. It delivers end-to-end solutions across industries, catering to retail, wholesale, and large-scale infrastructure needs throughout India. The board of directors of the company in their meeting held on September 02, 2025 have approved the same.

The company is already engaged in providing and building data centers and data infrastructure for its clients. This acquisition will further enhance its capabilities by enabling the company to offer end-to-end solutions - including the construction of buildings and related infrastructure - all under one roof. Additionally, the acquisition aligns with the company's strategic intent to expand into the broader construction and infrastructure development sectors.

Vuenow Infratech operates in the business of buying and selling data centers. Additionally, it is involved in operating and maintaining these data centers, as well as providing them on lease to clients.